About Dorrance family
- John T. Dorrance (d. 1930) invented the formula for Campbell's famous condensed soup in 1869 and took the helm of the Campbell's Soup Company in 1914.
- At least 87 members of his lineage today own more than a third of the global food giant, which generates more than $9 billion of annual revenue.
- Three family members are on the board: Dorrance's granddaughter Mary Alice Malone, her cousin Archbold van Beuren and her nephew Bennett Dorrance Jr.
- Dorrance's grandchildren Bennett Dorrance Sr. and Charlotte Colket Weber stepped down from the board in 2022 and 2014, respectively.
- Dorrance's grandson John "Ippy" Dorrance III renounced his U.S. citizenship and moved to Ireland before cashing out his 10.5% stake in the mid 1990s, reportedly to avoid U.S. taxes.
Wealth History
HOVER TO REVEAL NET WORTH BY YEAR
Forbes Lists
Personal Stats
- Fortune Founded
- 1882
- Source of Wealth
- Campbell Soup Co.
- Company Headquarters
- Camden, New Jersey
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